Aliso Viejo Homes for Sale – What Happened in the Aliso Viejo Real Estate Market in August 2012.
If you are considering buying or selling a home in the Aliso Viejo, CA real estate market, having the most current market data will enable you to make informed decisions regarding Aliso Viejo Homes and Condos for Sale. Aliso Viejo is a beautiful planned community centrally located in South Orange County. Homes and condos are well priced for the area and there are some excellent housing choices across all price ranges. It’s important to work with a Aliso Viejo Realtor® who knows the market inside and out.
The Aliso Viejo real estate market posted excellent results in August 2012 with 101 closed sales vs. 78 closed sales in August 2011 – a 29% increase! Buyer demand for Aliso Viejo homes is very strong - as of September 26, 2012, an incredible 81% of the 292 available listings in Aliso Viejo are currently under contract! At the current sales pace, there is just over 2 weeks supply of homes (57 active Aliso Viejo MLS listings).
- For the month of August 2012 101 homes in Aliso Viejo sold at an average final selling price of $386,578.
- The average original asking price of these homes was $392,058 – selling at 98% of list price.
- The range of final selling prices was from a low of $137,000 for a 1 bedroom condo to a high of $1,229,900 for a 5 bedroom 4055 sq ft luxury home in the Vista Vallarta neighborhood (includes attached and detached homes).
- Of the 101 homes that sold, 42 Aliso Viejo homes were standard equity sales and 57 were distressed sales – either short sales or bank owned foreclosures. See all available Aliso Viejo Foreclosures and Short Sale Homes.
- August 2012 sold homes were on the market an average of 100 days, up slightly from 97 days in August 2011 and likely attributed to longer processing times for short sale properties. Prices were pretty much flat at $250/sq ft compared to August 2011 – down approximately 2% from July 2012.
If you are looking to buy or sell Aliso Viejo real estate it's important to be informed. Call us anytime at 949-500-0484 with any questions on buying or selling Aliso Viejo homes.
Useful Resources for Aliso Viejo Home Buyers: